Eric LeCompte, Executive Director of Jubilee USA was recently interviewed by Bond Buyer to discuss relief efforts in Puerto Rico. Read excerpt below and follow link to full article.
Humanitarian Advocates Optimistic on Aid to Puerto Rico
By: Brian Tumulty
Laura Esquivel, director of national Advocacy for the Hispanic Federation, and Eric LeCompte, executive director of Jubilee USA Network, told The Bond Buyer they are hopeful Congress will rework the administration’s request and provide more funding[...]
LeCompte stressed the urgency of stepping up the recovery effort.
“I think Congress will step up and we will see in the coming weeks and months more packages around both relief and recovery and rebuilding aid as well as some financing issues addressed,” LeCompte said.
LeCompte said his organization supports having the oversight board established under PROMESA review contracts that are signed for spending federal funds in the recovery effort.
“There appears to be a need for some transparent and accountable way that contracts are reviewed," he said. “We just want it to be expedient and fast.”
Read more here.